My most appealing scenario (this week) of the 30 or so that I’ve outlined these past few months, is to move in with my girlfriend (been dating one year TODAY!). She has a condo in Del Mar. At around $800 a month (my share), I could save money and watch area homes continue their pricing-death-spiral and then jump back in (buy) when the bubble bursting nuclear winter begins to clear.
Which brings up the next, “crystal ball” question; how long before we hit bottom? Does anyone see 2,800 sq. feet in SEH hitting $300K (or less) or Aviara grinding down to low $400Ks for 3,000 sq. feet? Will we see 2000 pricing again?
Yeah, I know. Who knows? But it would be nice to get an idea how long my condo-colony life will be.
After living in large, elegant homes for years, renting a small condo is not very appealing but these are unique times so I guess prudent strategies (sacrifices?) are in order. And you guys bring up good points about divorce transitions. This freedom is sweet.
Quick Thread Self-Hijack Question: Do I sell most of my furniture or store it?
